Insurance

Senator Bernie Sanders: People Do Not Love Their Health Insurance Companies | Morning Joe | MSNBC | Jabar Post Indonesia

Senator Bernie Sanders: People Do Not Love Their Health Insurance Companies | Morning Joe | MSNBC | Jabar Post Indonesia/a> – This time JabarPost.Net will discuss about Insurance companies.

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Senator Bernie Sanders: People Do Not Love Their Health Insurance Companies | Morning Joe | MSNBC | Jabar Post Indonesia

An advertising poster for a Dutch insurance company from c. 1900–1918 depicts an armoured knight.

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Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.

An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter. A person or entity who buys insurance is known as an insured or as a policyholder. The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer’s promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or pre-existing relationship.

The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured. The amount of money charged by the insurer to the Policyholder for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster. The insurer may hedge its own risk by taking out reinsurance, whereby another insurance company agrees to carry some of the risk, especially if the primary insurer deems the risk too large for it to carry.



2020 Democratic candidate, Sen. Bernie Sanders, weighs in on why President Trump is a ‘pathological liar,’ why he says as president he would be an ‘organizer-in-chief’, what Medicare for all means and why he’s calling for tuition-free colleges.
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Senator Bernie Sanders: People Do Not Love Their Health Insurance Companies | Morning Joe | MSNBC

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20 Comments

  1. Canada’s health-care system, known as Medicare, is an unrivaled pillar of Canadian national identity. Nearly 90 percent of Canadians believe that eliminating it would result in a fundamental change to the nature of Canada. Does this sound like Canadians think that their health care system is dysfunctional? Would U say the same thing about our health care system??

  2. I'm all for folks making money but there are segments of the economy where the profit motive is as out of place as boxing gloves on a brain surgeon. Health care is one of them.

  3. I just had a conversation with a coworker yesterday who said she’d vote Bernie except she doesn’t want to give up her insurance policy. What about the single mom with 3 jobs who can’t afford insurance (me)? I’m glad to see some of this being addressed. Any more on this issue send my way? 🙏

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